The second chapter discuss the history and the present conditions of monetary policy in our country . there are two peroids of the development : before the reform and after it . the target before the reform is developing economy . stalizing price . the instruments are scales of credit and the plan of cash putting . the conductive process of monetary policy is simple and dirctive . after the reform , especially during the 1990s , directive adjustion becomes more and more obvious and the indirective adjustion becomes less . the patterns of adjustion are transferring 第二部分讨论我国货币政策的发展状况。具体分为两个时期，改革前( 1949 ? 1978 )和改革后( 1979 ?至今) 。改革前货币政策目标是发展经济，稳定物价，政策工具以信贷、现金计划为主，货币政策的执行主要依靠计划手段，并侧重现金流通的调节，货币政策的传导过程简单直接。
